Verizon customers have a significant update regarding the 2024 class action lawsuit settlement. This settlement, valued at $100 million, addresses allegations of deceptive advertising practices related to Verizon’s wireless service plans.
The crux of the lawsuit was the inclusion of mandatory administrative charges in the monthly plan prices, which were not reflected in the advertised rates. This article will detail the settlement payment dates, amounts, and how to claim your share.
Verizon Class Action Lawsuit 2024
Allegations
The lawsuit against Verizon stemmed from accusations that the company misled customers about their wireless service costs. Plaintiffs argued that Verizon failed to clearly disclose additional fees, such as administrative charges, thereby inflating the actual cost of their plans.
This lack of transparency led to a misleading perception of affordability, enticing customers to choose plans that ended up being more expensive than advertised.
Impact on Customers
Customers who were misled by these practices and ended up paying more than expected are the primary beneficiaries of this settlement. The lawsuit aimed to rectify this issue, resulting in a $100 million settlement to be distributed among eligible customers.
Settlement Payment Details
Payment Dates
The settlement reached an agreement in November 2023, with the fund to be distributed among eligible customers who were charged the disputed fees between January 1, 2016, and November 8, 2023.
Exact payment dates have not been disclosed yet, but updates will be provided as they become available.
Settlement Amount
The Verizon Class Action Settlement offers potential payouts based on two components:
- Base Payment: A flat $15 for every valid claim.
- Monthly Service Bonus: An additional $1 for each month a customer was charged the disputed administrative fee, up to a maximum of $85.
The total payout for each customer can vary, with a potential maximum of $100 depending on the duration of the charges.
Eligibility Criteria
To be eligible for the settlement, you must meet the following criteria:
- Be a current or former Verizon customer residing in the United States.
- Have had a postpaid wireless or data plan during the specified timeframe (January 1, 2016, to November 8, 2023).
How to Claim Your Settlement
Filing the Claim
To claim your share of the settlement, you must submit a claim form. Follow these steps:
- Visit the Settlement Website: Navigate to the official Verizon Administrative Charge Settlement website.
- Download the Application Form: Find and download the application form from the website.
- Fill Out the Form: Complete the form with essential information, including your name, contact details, and relevant account information.
- Attach Required Documents: Attach any necessary documents to support your claim.
- Submit the Form: Submit your completed application either via mail or online before the specified deadline.
Confirmation and Further Instructions
After submitting your application, you will receive a confirmation and further instructions regarding the settlement process.
It’s essential to stay informed about any updates and provide additional information if required.
Legal Background
Consumer Protection Laws
The lawsuit likely relied on consumer protection laws and advertising regulations, such as the Federal Trade Commission Act, which prohibits deceptive or misleading advertising.
The plaintiffs argued that Verizon’s omission of crucial information about additional fees constituted deceptive practices, influencing consumers’ purchasing decisions.
The Verizon Class Action Lawsuit settlement offers significant compensation to affected customers, addressing the misleading advertising practices that led to inflated wireless service costs.
Eligible customers should take the necessary steps to file their claims and stay informed about the settlement process.
FAQs
How much can I receive from the Verizon settlement?
Eligible customers can receive up to $100, with a base payment of $15 and an additional $1 per month charged administrative fees, capped at $85.
Who is eligible for the settlement?
Current or former Verizon customers in the US with postpaid wireless or data plans between January 1, 2016, and November 8, 2023.
How do I file a claim?
Visit the settlement website, download and complete the form, attach required documents, and submit it before the deadline.
What was the lawsuit about?
The lawsuit accused Verizon of deceptive advertising by not disclosing mandatory administrative charges in their advertised plan prices.
When will the settlement payments be made?
Exact payment dates are yet to be announced. Stay updated through official communications for the latest information.
